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Profiles

BIMP-EAGA

The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area, or BIMP-EAGA, is a cooperation initiative established in 1994 to spur development in remote and less developed areas in the four participating Southeast Asian countries.

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Southeast Asian countries lay the groundwork for the sustainable use of ocean and coastal resources in the region.
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With farmers and fishers organized as a cluster, like a cooperative, they are expected to have greater access to financing, resources, technologies, and markets.
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Sharing storage infrastructure is expected to make CCUS projects economically and technically feasible in the region.
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An ADB-backed program is helping the country improve its investment climate to attain high-income status by 2045 and transition to a low-carbon economy.
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An ADB study offers strategies for turning challenges into opportunities.
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Two landmark laws enacted in 2019 defined national policy to foster the growth of startups, in turn, spurring the development of the ecosystem.
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Southeast Asia takes the next step toward Paris climate goals with the release of Version 2 of the ASEAN Taxonomy for Sustainable Finance.
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A smart system will deploy low-carbon buses to serve the transport needs of a growing population.
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This entails shifting to greener farming practices, adopting the circular economy model, and protecting the well-being of farming communities.
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Disruptive technologies will reshape industry, healthcare, and communications and provide urgently needed solutions to global challenges like climate change.